Time management and efficiency have always been key to meeting monthly and annual deadlines for client audits and financial year-end requirements. Moving online has simplified the majority of accounting processes that would previously have required considerable time to complete.
With the remote working culture, which has its own set of distractions, and the reintroduction of load-shedding, it is becoming increasingly vital to manage your time to ensure all tasks are completed and deadlines are met. There are techniques that can be adopted to manage time against job requirements, such as blocking out time for tasks, as well as apps that simplify processes.
Online accounting software providers such as QuickBooks Online feature apps that can be integrated directly with your subscription.
One of the advantages of Bill.com is a reduction in the need to do manual data entries. This is because the payment process is automated via an Intelligent Virtual Assistant (IVA). The app leverages the power of artificial intelligence (AI) to reduce time spent on manual tasks and double data entry, ensuring that data is entered correctly without typos and that books are accurate and updated.
Multiple users can be added to the app with specific roles and responsibilities, and data remains on one account, allowing for financial control through faster workflows and easier approvals from any device.
You can access Bill.com from both IOS or Android device platforms, allowing you to keep up to date with payments and track progress from anywhere.
TSheets Time Tracking
Time tracking and payroll is simplified with TSheets as it offers accurate information at your fingertips. The app is powered by QuickBooks and can be directly embedded into the QuickBooks Online software, offering businesses valuable insights based on the data inserted by their employees. TSheets enables employees to track their time against different task codes on any device quickly and easily from anywhere.
Its automated process functionality reduces time as all data inserted in TSheets syncs with a user’s QuickBooks Online software automatically in real time. This means that any changes or updates made to the data are updated immediately, assuring users of accurate data figures at all times.
Additional benefits of TSheets include overtime monitoring, GPS tracking, facial recognition and the Who’s Working window, which enables users to see where employees are and what they are working on in real time.
With accessibility from anywhere, using these apps allows businesses to save time and money, and are crucial technologies to consider for digital business prosperity.
For more information on the additional applications compatible with QuickBooks Online, kindly visit QuickBooks App Store.